MEPs seek answers on how the EU is handling the massive tax breaks to companies producing in the US, a scheme that puts European companies at a disadvantage. The roughly €350 billion Inflation Reduction Act aims to build a new green economy by giving subsidies and tax credits to companies which manufacture with local parts or produce in the US from 1 January 2023, to the detriment of European manufacturers and in potential breach of World Trade Organisation (WTO) rules.

statement

Strasbourg

debate

plenary session

EICKHOUT, Bas (Greens/EFA, NL)

CHARANZOVÁ, Dita (Renew, CZ)

KRASNODĘBSKI, Zdzisław (ECR, PL)

NICA, Dan (S&D, RO)

FERBER, Markus (EPP, DE)

KUMPULA-NATRI, Miapetra (S&D, FI)

BEGHIN, Tiziana (NI, IT)

EHLER, Christian (EPP, DE)

BÜTIKOFER, Reinhard (Greens/EFA, DE)

VONDRA, Alexandr (ECR, CZ)

Multiannual financial framework 2021-2027 (T)

HANSEN, Christophe (EPP, LU)

RIVIÈRE, Jérôme (NI, FR)

LALUCQ, Aurore (S&D, FR)

BECK, Gunnar (ID, DE)

VÁZQUEZ LÁZARA, Adrián (Renew, ES)

EU response to the US Inflation Reduction Act: MEPs debate

SOUNDBITE (Original), Christophe HANSEN (EPP, LU), -

SOUNDBITE (Original), Miapetra KUMPULA-NATRI (S&amp;D, FI), -

SOUNDBITE (Original), Dita CHARANZOV&#193; (Renew, CZ), -

SOUNDBITE (Original), Reinhard B&#220;TIKOFER (Greens/EFA, DE), -

SOUNDBITE (Original), Zdzis&#322;aw KRASNOD&#280;BSKI (ECR, PL), -

SOUNDBITE (Original), J&#233;r&#244;me RIVI&#200;RE (ID, FR), -

SOUNDBITE (Original), Markus FERBER (EPP, DE), -

SOUNDBITE (Original), Aurore LALUCQ (S&amp;D, FR), -

SOUNDBITE (Original), Eva Maria POPTCHEVA (Renew, ES), -

SOUNDBITE (Original), Bas EICKHOUT (Greens/EFA, NL), -

SOUNDBITE (Original), Alexandr VONDRA (ECR, CZ), -

SOUNDBITE (Original), Tiziana BEGHIN (NI, IT), -

SOUNDBITE (Original), Christian EHLER (EPP, DE), -

SOUNDBITE (Original), Dan NICA (S&amp;D, RO), -

SOUNDBITE (Original), Henna VIRKKUNEN (EPP, FI), Catch the Eye

SOUNDBITE (Original), Mick WALLACE (The Left, IE), Catch the Eye

SOUNDBITE (Original), Enik&#337; GY&#336;RI (NI, HU), Catch the Eye

SOUNDBITE (Original), Massimiliano SALINI (EPP, IT), Catch the Eye

SOUNDBITE (Original), Clare DALY (The Left, IE), Catch the Eye

SOUNDBITE (Original), Henrike HAHN (Greens/EFA, DE), Catch the Eye